Activist group gains third seat on ExxonMobil board

Preliminary results show potential victory by the Engine No. 1 hedge fund in securing additional seats on ExxonMobil board

Another victory: for Engine No. 1 hedge fund already had won two board seats at ExxonMobil's annual shareholder meeting last week — Another victory: for Engine No. 1 hedge fund already had won two board seats at ExxonMobil's annual shareholder meeting last weekPhoto: AP

Jennifer Lynn Presley

Houston

ExxonMobil USA North America

Published 3 June 2021, 21:08Updated 3 June 2021, 21:12